Eligible Custodian definition

Eligible Custodian means any bank or financial institution whose business includes the provision of custodial services and which (i) is incorporated, domiciled and regulated as a custodian in an OECD country, (ii) has a rating equal to the Eligible Custodian Threshold Rating or higher (or the equivalent rating from any other Rating Agency) and (iii) is a member of the Relevant Association.

Eligible Custodian means any bank or financial institution whose business includes the provision of custodial services and which (i) is incorporated, domiciled and regulated as a custodian in an OECD country, (ii) has a rating equal to the Eligible Custodian Threshold Rating or higher (or the equivalent rating from any other Rating Agency) and (iii) if the Posted Collateral comprises Gold, is an LBMA member, if applicable.

Eligible Custodian means any suitably qualified person whose appointment as the Custodian under this Agreement will not adversely affect the rating assigned to any Notes by a Designated Rating Agency.

Examples of Eligible Custodian in a sentence

• The Investment Company hereby appoints Company as its agent to evaluate and obtain custody services from a financial institution that (i) meets the criteria established in Section 17(f) of the 1940 Act and (ii) has been approved by the Board as eligible for selection by the Company as a custodian (the "Eligible Custodian").

• The Company may, as paying agent, be a party to any agreement with any such Eligible Custodian; C.

• The Investment Company hereby appoints Company as its agent to evaluate and obtain custody services from a financial institution that (i) meets the criteria established in Section 17(f) of the 1940 Act and (ii) has been approved by the Board as eligible for selection by the Company as a custodian (the `Eligible Custodian'').

• Please provide details regarding who is the Eligible Custodian and whether it meets the requirements in section 8.2 of CIR.

• The Trust hereby appoints Company as its agent to evaluate and obtain custody services from a financial institution that (i) meets the criteria established in Section 17(f) of the 1940 Act and (ii) has been approved by the Board as eligible for selection by the Company as a custodian (the "Eligible Custodian").

More Definitions of Eligible Custodian

Eligible Custodian means (subject to rule 4.2(d)) —

Eligible Custodian means a third party (including an Associate) appointed byus in accordance with FCA Rules to act as sub-custodian to hold investments in which you have a beneficial interest pursuant to the Custody Service in accordance with the FCA Rules;

Eligible Custodian. A custodian that satisfies, mutatis mutandis, the eligibility requirements set out in Section 6.8.

Eligible Custodian means the financial institution with which the Administrative Vendor has an agreement in place to facilitate Services for the Employer.

Eligible Custodian means a reputable bank or other financial institution which the Issuer reasonably determines is capable of acting in a manner consistent with the standards and practices of a professional

Eligible Custodian means a third-party custodian (or its nominee company) who the nominated entity selects under the FCA Rules to register your investments with

Eligible Custodian means any entity (including any successor in title thereto) which is (a) rated by each Rating Agency or(b) guaranteed by an entity rated by each Rating Agency pursuant to a guarantee or a financial guaranty insurance policy in a form acceptable to the Rating Agencies, as may be selected by the Portfolio Swap Counterparty in accordance with the terms of the Collateral Switch Agreement. For the avoidance of doubt, KBC Bank or any of its affiliates may, subject only to the satisfaction of the Eligible Custodian criteria, be an Eligible Custodian.